INKP – IDR400 bn bond and sukuk repayment

INKP – IDR400 bn bond and sukuk repayment Indah Kiat Pulp & Paper (INKP) has repaid its Shelf-Registered Bonds IV Phase II Year 2023 Series A worth IDR207 bn and Sustainable Mudharabah III Phase II Year 2023 Series A worth IDR192.95 bn on September 5, 2024. This month, INKP also has Shelf-Registered Bonds II Phase I Year 2021 Series B maturing on September 30, 2024 worth IDR1 tn with an interest rate of 9.25%. Note that, INKP posted revenue of USD1.6 bn in 1H24. (Source : Investor Daily)